Tier to launch new AI tech to boot out unsafe riders and reduce costs May 31, 2023 E-scooter mobility giant Tier has announced it will launch a first of its kind AI technology in the UK, which aims to improve the safety and sustainability of its e-scooters and reduce costs. The system, described as a ‘Parrot’ e-scooter brain, is capable of recognising “anti-social riding behaviours” without requiring the use of complex and [...]
We’ve all made mistakes: Seoul government accidentally sends evacuation order to entire populace May 31, 2023 Rare wailing air raid sirens and mobile phone alerts calling for evacuations rattled residents of the South Korean capital, Seoul, early on Wednesday after North Korea tried to launch what it said was a satellite. Nuclear-armed North Korea’s sixth satellite launch ended in failure, with the booster and payload plunging into the sea, but not before prompting emergency alerts and evacuation warnings in [...]
North Sea oil and gas projects essential to UK’s energy future, warn academics May 31, 2023 Halting future investment in North Sea oil and gas projects jeopardises the UK's supply security and net zero ambitions.
CBI seeks legal advice on insolvency ahead of culture reboot announcement today May 31, 2023 THE embattled business trade body the CBI is expected to lay out a series of measures today which it hopes will allow it to put a sexual harassment scandal behind it. The CBI, Britain’s biggest business trade body and for decades a mouthpiece for the country’s largest businesses, has been hit with a wave of accusations in recent [...]
Home REIT shareholders aren’t holding their breath for more answers May 31, 2023 Many of Home REIT’s shareholders, tenants and adversaries hoped the appointment of a new investment adviser last week would signal an end to the obfuscation of the past seven months. AEW, a recognisable and seemingly safe pair of hands, gave some reasonable hope it would be straight talking from then on. No such luck. Yesterday’s [...]
Politicians don’t understand housing and asylum seekers will pay the price May 31, 2023 The government wants to temporarily scrap HMO licensing for asylum seekers' accommodation. It risks creating a set of dangerous sub-standard homes unfit for the future, writes Elena Siniscalco
Revealed: KPMG slashes UK bonuses as dealmaking drought hits fees May 31, 2023 KPMG has slashed the bonus pool of its UK workforce and reined in commission for salespeople as its profits falter amid a slowdown in the dealmaking environment this year, City A.M. has learned.
Confusion is the keyword for UK bonds as financial markets’ confidence fades May 31, 2023 Financial markets have the jitters on UK bonds - and this is partially the fault of government debt, and partially the fault of the country's lack of productivity, writes Paul Ormerod
The UK government needs equity stakes in AI firms to truly safeguard its citizens May 31, 2023 To ensure AI is scrutinised, the UK government should accept some intervention is needed and take on equity stakes in artificial intelligence firms to shape the future of the technology, writes Simon Neville
Only four water companies fined by watchdog over sewage spills May 30, 2023 The Environment Agency (EA) fined just four water companies for breaching an overflow permit that they used to dump sewage into rivers and the sea between 2018 and 2022 despite over 300,000 sewage spill incidents, the Financial Times has reported. According to official data obtained through a Freedom of Information request submitted by the FT, [...]
